Nowadays, the number of issues with the way certain mechanisms work in every sector is increasing. As a result, class action lawsuits are becoming more common which will help the victims not only save time, but also helps them get compensation with the least amount of effort from their side.
Unfortunately, a lot of people still don’t have any idea about the way these sorts of claims work. In this post, we are going to discuss the Everi Facta Settlement. We understand that there is a ton of confusion about the way things work with this settlement. So, to know the process involved and the ways of collecting the payment continue reading the article.
Recently, there are a number of fake websites pushing false narratives around the settlement cases and are looting the public by feeding them nothing, but false information. In other words, you need to know the nature of the platform you are dealing with, or else the consequences might be severe. After all, you can’t trust any online site blindly, right?
Before talking about this specific case, let us give you a quick rundown of the general idea behind class action lawsuits. A class action lawsuit is a scenario wherein one or more “Representative Plaintiffs” sue on behalf of a group of people who have been affected by a specific incident.
The lawsuit we are discussing in this post alleged that Everi Facta violated the FACTA (Fair and Accurate Credit Transactions Act) policies by generating the receipts during certain quasi-cash and other related disbursement transactions where the customers used the debit or credit card.
In simple words, the customer’s receipts showed the last four digits of the card as “BIN”. The activities undertaken in this Settlement were in-person transactions carried out at gambling facilities. Note that Everi Facta has denied all the allegations. The settlement does not in any way mean that Everi Facta has done something wrong.
FAQ
By now, we hope you have familiarized yourself with the core matter of the settlement. Now, let us take a look at a few of the most frequent questions asked by the users. It is advisable for you to go through all the following information as it will enlighten you about every moving part of the equation.
How much money will the participants receive?
From the early days of this settlement process, there are a lot of conflicting answers to this question. The exact amount of compensation that every person concerned will receive cannot be said beforehand as there are a lot of variables present.
For example, there are lawyer fees and other legal costs involved. Nonetheless, according to official estimates, the amount is said to be around $40 to $60. Keep in mind that the figures shown are only an estimate and the final payment received might vary a lot.
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Do Participants hire their own lawyers?
Not at all. If each and every participant had to hire their own lawyers, it would never be a productive thing. Thankfully, that will never be the case. In this settlement process, the court has already appointed a set of lawyers along with representative plaintiffs. The contact information of the lawyers is as follows.
- Name – Frank S. Hedin
- Address – Hedin Hall LLP 1395 Brickell Ave., Ste 1140 Miami, Florida 33131
- Email – fhedin@hedinhall.com
- Name – Scott. D. Owens
- Address – Scott D. Owens, P.A. 3800 S. Ocean Drive, Ste 235 Hollywood, Florida 33019
- Email – scott@scottdowens.com
When and where are the hearings held?
At the time of writing this article, many hearings have taken place. For all the latest updates, you have to follow the official website wherein the latest information can be gathered. You can access the website by clicking here. The fairness hearing which decides the attorney fees and legal costs was held on November 30, 2020.
There is no final verdict on the matter yet as both parties have agreed to a settlement. However, regardless of what happens, the participants never have to go to court. Everything related to the court matter will be handled by the Class Counsel and Representative Plaintiffs.
Do you qualify as a member?
For this explanation, we are not going to bore you by using fancy words and statements as you can find all the details on the official website. Instead, we are going to talk about the most basic rules applicable to the average user. In order to qualify for compensation, an individual must have carried out at least one quasi-cash transaction via debit or credit card at a gaming establishment in the United States.
Note that the claim is valid only if the payment was processed using Everi Payments’ CashClub technology. If you have any doubts as to whether you are eligible or not, then you can get the answer by reaching out to the Settlement administrator.
Lawyer expenses and other costs?
For some reason, the users do not seem to understand the way the lawyer’s expense and other costs are handled in a settlement. For starters, know that you are not required to pay anything to anyone.
The court decides the amount payable to the class counsel and other associated parties. Payment for each and every case is different and is mainly correlated to the amount of damage inflicted. In this particular case, the court hasn’t decided the exact amount, but it will do so before 21 days to the deadline.
How to exclude yourself?
If the participant wants to exclude themselves from the settlement for any reason, he or she can do so by submitting a written request. The letter should contain the basic information about them along with their current phone number and signature. For the exclusion to be valid, the user also needs to post their letter before October 19, 2020. The details of the receiver’s location are as follows.
Everi FACTA Settlement Administrator
Attn: Exclusions
P.O. Box 58220, Philadelphia, PA 19102
Contact Information
Whenever there is a lawsuit present, there will always be heaps of misunderstanding and confusion. Most people will directly ring the Court or the Clerk’s office to inquire about the details which is not the correct manner.
If you need help or assistance with anything related to the case, you should get in touch with the designated officials. We have gathered all the contact details below.
Address – Everi FACTA Settlement Administrator, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103
Email – info@everifactasettlement.com
Phone number – 1-833-969-1221
Website Information
As we do with every platform and topic we review, we ran a web search on this website as well. For privacy concerns, they have masked their registration details. However, they are not blacklisted by any search engines or services.
Furthermore, they even feature a valid SSL certificate which is a positive sign. Due to the nature of the case, their popularity in terms of web traffic has peaked and dropped massively. For more details on their domain and graphics, check out the list below.
- Domain – everifactasettlement.com
- Registered On – 26/08/2020
- Expiry – 26/08/2021
- Alexa Global Rank – 1,565,946
- Geography – United States
Everi Facta Settlement Verdict
Everi Facta Settlement is a legit proceeding that has immense potential to bring decent compensation to all the people caught in the middle. While it is true that all the aspects of the projects can’t be quantified right now, that won’t be the case forever. So, let the initiative run its course and if you are involved, then collect the payment once the dust settles.
If you have any questions left, comment them below and we will get back to you at the earliest.
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I’m glad to see that the Everi Facta settlement is finally coming to a close. This lawsuit was a long and drawn out process, and I’m glad to see it finally come to an end.